Manhattan Beach, CA 90266,124 11TH ST
Manhattan Beach, CA 90266,124 11TH ST
Manhattan Beach, CA 90266,124 11TH ST
11
$5,725,000
$5,950,000
3.8%
Est.Price: ?

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4 BD
5 BA
3,966 SqFt

124 11TH ST Manhattan Beach, CA 90266

Est. payment /mo
SOLD DATE : 06/01/2022

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Key Details

Sold Price $5,725,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 3,966 sqft

Price per Sqft $1,443

MLS Listing ID 22-131783

Sold Date 06/01/22

Bedrooms 4

Year Built 1946

Lot Size 2,711 Sqft

Acres 0.0622

Property Description

We are proud to present 124 11th Street, a 4-unit mixed use asset located in the heart of downtown Manhattan Beach. One of the most desirable locations in all of Manhattan Beach, 124 11th Street is just steps from the ocean, Manhattan Beach Pier, and some of the hottest restaurants, shops and nightlife within walking distance. The residential units offers spectacular ocean views as they overlook the Manhattan Beach pier, sand and ocean waves. Built in 1946, the property has a great unit mix of three (3) residential units with ocean views and one (1) ground floor retail space which is located near the hottest retail spaces in the area. The apartment units consist of (1) two-bedroom, two-bathroom and (2) one-bedroom/ one-bathroom units. The property has undergone recent improvements including a new roof (Installed in 2020). Upon entering this property, you will find two separate entrances to two ground floor retail spaces which combine to 1 retail/office space. Perfect for an OWNER/USER. The property currently has 3 of the 4 units vacant, with the remaining tenant willing to move out with 60 day notice. This investment provides the perfect opportunity for an owner/user to occupy one of the magnificent ocean view apartment units and/or occupying the RETAIL/OFFICE space and renting out the other units for passive income. This is a trophy property that rarely hits the market. This iconic building in prime Downtown Manhattan Beach would be a prized asset in any investors real estate portfolio! Offering Memorandum can be provided upon request.

Location

State CA

County Los Angeles

Area Manhattan Beach Sand

Zoning MNRH

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Equipment Alarm System, Built-Ins, Dishwasher, Dryer, Freezer

Laundry In Closet, Laundry Area, In Unit

Exterior

Parking Features Covered Parking, Tandem, Garage Is Attached

Garage Spaces 4.0

Waterfront Description Ocean

Building

Lot Description Sidewalks, Street Lighting

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by SaraVita Properties Inc
Bought with Palm Realty Boutique

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Herman Singh

Broker

+1(310) 625-6175

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